Call reports 2012
FIRST OPTION BANK — 2012
What FIRST OPTION BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 218,658,000 | 230,606,000 | 229,390,000 | 241,214,000 |
| Total loans | 113,499,000 | 116,244,000 | 116,962,000 | 117,279,000 |
| Allowance for loan losses | 1,311,000 | 1,399,000 | 1,488,000 | 1,288,000 |
| Securities available for sale | 91,276,000 | 98,774,000 | 95,731,000 | 94,835,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 195,116,000 | 203,029,000 | 196,327,000 | 217,538,000 |
| Interest-bearing deposits | 161,401,000 | 168,651,000 | 159,200,000 | 180,100,000 |
| Noninterest-bearing deposits | 33,714,000 | 34,377,000 | 37,128,000 | 37,438,000 |
| Equity capital | 20,887,000 | 21,153,000 | 22,009,000 | 21,731,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,288,000 | 4,574,000 | 6,832,000 | 9,043,000 |
| Interest expense | 364,000 | 732,000 | 1,098,000 | 1,442,000 |
| Net interest income | 1,924,000 | 3,842,000 | 5,734,000 | 7,601,000 |
| Noninterest income | 659,000 | 1,188,000 | 1,927,000 | 2,794,000 |
| Noninterest expense | 1,563,000 | 3,095,000 | 4,788,000 | 6,721,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 910,000 |
| Pretax income | 945,000 | 1,815,000 | 2,683,000 | 2,810,000 |
| Income tax | 36,000 | 72,000 | 108,000 | 114,000 |
| Net income | 909,000 | 1,743,000 | 2,575,000 | 2,696,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,193,000 | 18,104,000 | 18,540,000 | 18,484,000 |
| Total capital | 19,453,000 | 19,408,000 | 19,843,000 | 19,772,000 |
| Risk-weighted assets | 99,973,000 | 104,191,000 | 104,082,000 | 104,042,000 |